Luen Thai Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4.52	-33.89	-6.01	9.91	11.2
Depreciation & Amortization	15.93	20	21.9	24.44	24.75
Loss (Gain) From Sale of Assets	-0.78	0.73	0.07	0	0.84
Asset Writedown & Restructuring Costs	0.92	4.26	-0.05	-0.24	0.29
Loss (Gain) From Sale of Investments	-	0.32	0.23	-	-
Loss (Gain) on Equity Investments	-0.31	-0.54	-0.55	0.6	1.67
Provision & Write-off of Bad Debts	-0.15	-0.11	0.23	0.23	-0.27
Other Operating Activities	-2.28	8.54	-4.43	-0.33	3.55
Change in Accounts Receivable	3.73	-24.53	-10.18	26.83	-0.19
Change in Inventory	-2.34	3.87	19.98	-10.65	-1.66
Change in Accounts Payable	10.05	6.92	-21.95	-29.81	15.14
Change in Other Net Operating Assets	0.55	-3.71	-1.97	0.98	1.16
Operating Cash Flow	29.83	-18.13	-2.72	21.97	56.47
Operating Cash Flow Growth	-	-	-	-61.09%	213.98%
Capital Expenditures	-1.68	-2.9	-3.72	-11.45	-9.08
Sale of Property, Plant & Equipment	0.52	0.89	0.42	0.52	1.17
Divestitures	-	0.97	-	-	-
Investment in Securities	0.1	0.29	-	-0.12	-0.13
Other Investing Activities	1.71	0.66	2.16	0.83	0.55
Investing Cash Flow	0.65	-0.08	-1.14	-10.23	-7.49
Short-Term Debt Issued	-	-	-	10.03	0.81
Long-Term Debt Issued	211.05	92.13	285.33	39.52	33.94
Total Debt Issued	211.05	92.13	285.33	49.55	34.75
Short-Term Debt Repaid	-6.42	-9.53	-3.7	-	-5.53
Long-Term Debt Repaid	-235.68	-85.62	-292.61	-56.38	-44.94
Total Debt Repaid	-242.09	-95.15	-296.3	-56.38	-50.47
Net Debt Issued (Repaid)	-31.04	-3.01	-10.97	-6.82	-15.72
Common Dividends Paid	-	-	-2.77	-5.64	-
Other Financing Activities	-	-0.27	-0.25	-2.16	-
Financing Cash Flow	-31.04	-3.29	-13.99	-14.62	-15.72
Foreign Exchange Rate Adjustments	0.67	-0.14	-0.32	-2.32	0.07
Net Cash Flow	0.11	-21.64	-18.17	-5.2	33.33
Free Cash Flow	28.16	-21.03	-6.44	10.52	47.38
Free Cash Flow Growth	-	-	-	-77.80%	-
Free Cash Flow Margin	4.42%	-3.12%	-0.92%	1.23%	5.96%
Free Cash Flow Per Share	0.03	-0.02	-0.01	0.01	0.05
Cash Interest Paid	10.04	13.78	13.94	8.98	5.73
Cash Income Tax Paid	2.17	3.46	1.57	3.07	1.17
Levered Free Cash Flow	24.99	-2.43	-8.69	5.87	33.63
Unlevered Free Cash Flow	31.26	6.18	0.02	11.48	37.21
Change in Working Capital	11.98	-17.45	-14.13	-12.65	14.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.